Blog Posts in October, 2014
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Reestablishing Arizona good credit after filing for bankruptcy
Posted By Law Offices of Campbell & Coombs, P.C.One of the major worries a person in Arizona might have about filing for bankruptcy is the negative effect it will have on their credit afterwards. However, it is possible to rebuild your credit after filing for bankruptcy, and it may be easier than you think. If an individual is employed, in some cases, it is possible for them to establish good credit in a couple of years. One could even look ...Continue Reading -
Arizona bankruptcy exemptions for money, benefits and proceeds
Posted By Law Offices of Campbell & Coombs, P.C.When the decision regarding filing for bankruptcy in Arizona is made, one of the main questions the person will have has to do with what will happen with money, benefits or proceeds. The laws of the state are in place to protect certain payments from being lost. Bankruptcy exemptions vary and will depend on the individual situation. It is important to know what is exempt and what isn't before ...Continue Reading -
Deciphering Chapter 7 bankruptcy from Chapter 13 bankruptcy
Posted By Law Offices of Campbell & Coombs, P.C.Financial disaster can strike even the most responsible person in Arizona at any moment. For example, a serious illness or accident can lead to insurmountable medical bills. Or perhaps a person unexpectedly loses their job, making them unable to pay their mortgage, credit card bills or car payments. When this happens, filing for bankruptcy can be a good choice for rebounding financially. It is ...Continue Reading -
Does bankruptcy mean I have to give up my property?
Posted By Law Offices of Campbell & Coombs, P.C.After months or years of trying to stay afloat, something gives and keeping one's head above water just isn't possible anymore. While bankruptcy may be the lifejacket that one needs, it can be a highly trying and emotional time in anyone's life. One particularly hard hurdle to overcome is the forfeiture of assets that comes along with certain types of bankruptcies. The type of bankruptcy an ...Continue Reading -
Report: Those who file for Chapter 13 see better income, health
Posted By Law Offices of Campbell & Coombs, P.C.Many Arizona residents think of bankruptcy as a last resort, or as the end of the line, but in fact for many people bankruptcy can represent a new beginning. Chapter 13 bankruptcy, in particular, can be a good way for people to return to financial health without undergoing extreme measures. A recent report suggests that people who have filed for Chapter 13 have much better finances for years after ...Continue Reading
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